As all other financial services companies in the country, CFD forex brokers in Denmark are overseen by the Danish Financial Supervisory Authority (DFSA), locally known as Finanstilsynet. This is a national regulator under the European Securities and Markets Authority (ESMA), which means that all ESMA financial regulations also apply to CFD forex brokers in Denmark.
CFD & forex trading is popular in Denmark, and the country is home to some very large CFD brokers with solid reputations. All CFD forex brokers operating in Denmark are considered highly reliable and safe to trade with. Because of the ESMA’s influence, rules such as a requirement for negative balance protection has also been introduced to protect non-professional traders from taking too heavy losses.